GDL Fund is a private investment fund based in Rye. According to its most recent Form D, filed Nov 6, 2025, it has sold $6,652,000 of interests to 10 investors since its first sale in Mar 2025. The minimum investment it accepts from an outside investor is $10. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Laurissa Martire; John Ball; Colin Kilrain.
- Total raised
- $6,652,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Mar 26, 2025
- Minimum investment
- $10
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- Over $100,000,000Self-reported
- Key people and entities
- Laurissa Martire; John Ball; Colin Kilrain
- Latest Form D
- Nov 6, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about GDL Fund
What is the minimum investment for GDL Fund?
According to its latest Form D, filed Nov 6, 2025, the minimum investment GDL Fund accepts from an outside investor is $10.
Who can invest in GDL Fund?
GDL Fund is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has GDL Fund raised?
GDL Fund reports $6,652,000 sold from 10 investors on its Form D filed Nov 6, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is GDL Fund based?
GDL Fund is based in Rye.
When did GDL Fund launch?
GDL Fund reports its first sale in Mar 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).